How to save money. - page 74. | Bitcointalksearch.org

23dzmaz

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Quote from: Hashminers on May 18, 2016, 04:14:25 AM

Best way to save money is to know how much you earn and know how much you have to spend. If you manage this good then you should know how much money there will be left.
Save some of this money for the future or emergencies.

Yeah you are right. By knowing both earning and spending, you can calculate how much the maximum money you can spend and you can save.

betohell

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Quote from: Cyaren on May 21, 2016, 01:40:06 AM

My personal way of saving money is to convert my fiat currency into a stable investment or asset that I know is going to be safe into the future. This has proven to work for me.

It both preserves my wealth, and encourages me to save.

Also, make sure you don't gamble. I have lost my savings multiple times just because I felt greedy and decided to waste it on gambling.

What if the price of bitcoin or when it was a low rate? are you want to conbvert it to fiat Directly? Do not hold it in bitcoin has included investment? yeah i agree gambling is the biggest problem for storing bitcoin

Cyaren

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My personal way of saving money is to convert my fiat currency into a stable investment or asset that I know is going to be safe into the future. This has proven to work for me.

It both preserves my wealth, and encourages me to save.

Also, make sure you don't gamble. I have lost my savings multiple times just because I felt greedy and decided to waste it on gambling.

Hirose UK

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Quote from: n691309 on December 12, 2015, 09:31:59 AM

Saving money sometimes is hard if the earnings are not enough, but i would start with 20% and then if i can afford will try to increase the percentage each month.

it doesn't matter if you just save 5-10% of your salary. as long as you save it every month, it will increase.

romero121

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Quote from: adibe on May 19, 2016, 08:39:25 PM

It's easy to save money though. You need a commitment to yourself to not buy something unnecessary, better do investment and save your money some for emergency use.

Yeah committed life always gives better saving option. Everytime unwanted expenses can't be avoided, because sometimes it might affect economics status of people. So need to plan accordingly and spend or need to compensate in other expenses to have a better saving.

agustina2

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Quote from: JumperX on May 20, 2016, 05:52:13 AM

Quote from: blackmachinegun on May 20, 2016, 05:33:43 AM

Quote from: adibe on May 19, 2016, 08:39:25 PM

It's easy to save money though. You need a commitment to yourself to not buy something unnecessary, better do investment and save your money some for emergency use.

wasteful is something very dangerous for your money. because if you waste melakuak I'm sure you will be hard to become rich. therefore you must ensure that you're not going to buy goods that are not needed and does not do waste. This will be good for the step to wealth Cheesy

Try to postponed unnecessary expenses, try it to take to next month, only spend on necessary things that are required on daily basis, and do not party Cheesy

There are things that really must focus on when you are buying goods and that is the basic needs. But you know even if you reached to the point that you think you buy all the necessary needs, still there are times that you need to buy this or that product because you really need to buy it. So in this just make a good spendings for those necessary so that when times comes that you also need to buy that "thing", you have money in hands.

JumperX

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Quote from: blackmachinegun on May 20, 2016, 05:33:43 AM

Quote from: adibe on May 19, 2016, 08:39:25 PM

It's easy to save money though. You need a commitment to yourself to not buy something unnecessary, better do investment and save your money some for emergency use.

wasteful is something very dangerous for your money. because if you waste melakuak I'm sure you will be hard to become rich. therefore you must ensure that you're not going to buy goods that are not needed and does not do waste. This will be good for the step to wealth Cheesy

Try to postponed unnecessary expenses, try it to take to next month, only spend on necessary things that are required on daily basis, and do not party Cheesy

blackmachinegun

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Quote from: adibe on May 19, 2016, 08:39:25 PM

It's easy to save money though. You need a commitment to yourself to not buy something unnecessary, better do investment and save your money some for emergency use.

wasteful is something very dangerous for your money. because if you waste melakuak I'm sure you will be hard to become rich. therefore you must ensure that you're not going to buy goods that are not needed and does not do waste. This will be good for the step to wealth Cheesy

bamboylee

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Quote from: umaOuma on May 19, 2016, 11:00:20 AM

Quote from: LarryHocks on May 19, 2016, 09:49:17 AM

To save money is not that big of a deal but it also depends on how much money you are making. If you make more money you can make more that is just how it is. But always try to put some money on the side if you have made some money.

Whatever you are earning you need to keep certain percentage of amount aside on regular basis, as it can be helpful to you at the time of emergencies.

Yeah,no matter how small it is as long as you continuously save a percentage of your earning it will be big someday. Just save the amount and someday you will have emergency fund and next is investment fund. Then you will have more money and you will be financially sustained.

goldcoinminer

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Quote from: MONKEYJUNK on May 20, 2016, 01:51:53 AM

Do not use the money for things that are not useful. Quite simply use them when only important condition.

I agree, spend your money wisely and save a lot for the future. Only spend on your basic needs and spend a little on your wants just to balance your life a bit. But never exceed your expenses on your wants against your needs.

MONKEYJUNK

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Do not use the money for things that are not useful. Quite simply use them when only important condition.

Doms

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There are many ways in which we could save. It's up to the person to choose which works best for him. The best way for me is by allowing my bank and cooperative to auto debit from my payroll account. That way, I'm "forced" to save and there's already a portion of my money that goes directly to investments.

adibe

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It's easy to save money though. You need a commitment to yourself to not buy something unnecessary, better do investment and save your money some for emergency use.

blackmachinegun

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Quote from: Mr.grin on May 19, 2016, 11:31:26 AM

Leave to your wife, it is the best way to save money, they can be split for daily expenses, if you are in doubt, then you should keep it in the bank or in bitcoin wallet Grin

yeah i totally agree with you wife or woman is a very good financial management. I can assure you that your wife can do incredible savings, they can manage your money well.
but perhaps the risk is your pocket costs will be reduced due to reduced by wife Lol

JessicaSe

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Quote from: vero on May 19, 2016, 02:14:19 PM

Quote from: Hashminers on May 18, 2016, 04:14:25 AM

Best way to save money is to know how much you earn and know how much you have to spend. If you manage this good then you should know how much money there will be left.
Save some of this money for the future or emergencies.

i strongly agree with your opinion on how to save money, here I am just trying to add a little. I guess we have to reduce spend as small as possible to be able to save more money for your future.

Exactly there should be a perfect balance between income and expenditures, and your expenses should not exceed your income or else you will be surely in deep trouble.

vero

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Quote from: Hashminers on May 18, 2016, 04:14:25 AM

Best way to save money is to know how much you earn and know how much you have to spend. If you manage this good then you should know how much money there will be left.
Save some of this money for the future or emergencies.

i strongly agree with your opinion on how to save money, here I am just trying to add a little. I guess we have to reduce spend as small as possible to be able to save more money for your future.

agustina2

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Quote from: LarryHocks on May 19, 2016, 09:49:17 AM

To save money is not that big of a deal but it also depends on how much money you are making.

Honestly if only a person does have a decent income, it can easily filled all those funds that are meant for saving. For those fixed earners, saving the money goal will really be having a hard time but still they can overcome that problem with a proper money management.

Mr.grin

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Leave to your wife, it is the best way to save money, they can be split for daily expenses, if you are in doubt, then you should keep it in the bank or in bitcoin wallet Grin

umaOuma

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Quote from: LarryHocks on May 19, 2016, 09:49:17 AM

To save money is not that big of a deal but it also depends on how much money you are making. If you make more money you can make more that is just how it is. But always try to put some money on the side if you have made some money.

Whatever you are earning you need to keep certain percentage of amount aside on regular basis, as it can be helpful to you at the time of emergencies.

LarryHocks

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To save money is not that big of a deal but it also depends on how much money you are making. If you make more money you can make more that is just how it is. But always try to put some money on the side if you have made some money.

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